812 Dacula RdDacula, GA 30019

  • Retail properties
  • 1,829 SF
For Sale
$1,475,000 View listing

Property Details for 812 Dacula Rd

Year built
2007
Construction
WOOD
Lot size
1.09 AC
Property size (Sq ft)
1,829 SF
Zone code
C3-CENTRAL BUS -DACULA-03
Property type
Retail properties
Property subtype
Drive through restaurants
APN
5-273 -525
APU
5273525

Description

This exceptional 1,829-square-foot retail property, formerly a Sonic Drive-In, is available for $1,475,000. Located at 812 Dacula Rd, Dacula, GA 30019, this vacant, single-story building sits on a 1.09-acre lot and boasts a Class B rating. Built in 2007, the property benefits from high visibility and traffic counts, with over 14,400 vehicles passing daily to the north and over 17,500 to the south. Its strategic location on Hwy 316, a major thoroughfare between Atlanta and Athens, sees over 49,000 vehicles daily. The C3 zoning allows for diverse redevelopment options. The property is situated in a thriving retail area, near major grocery stores like Publix and Kroger, and benefits from a strong demographic profile. Within a 5-mile radius, the daytime population exceeds 100,900, with projected 10.4% growth in the next 5 years. The area also features a Publix Distribution Center and Gwinnett County Airport. Nearby residential areas include numerous neighborhoods and golf communities, along with several schools including Hebron Christian Academy, Dacula Elementary, Northeast Atlanta Christian School, Dacula Middle School, and Dacula High School. This presents a unique opportunity to acquire a property in a high-growth area with excellent visibility and potential for various commercial uses. The price per square foot is $806.45.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $471,842
    6.5%
    $435,546
    7%
    $404,436
  • Comparable approach

    Method
    Valuation
    Relative Method
    $542,016
    Geo Method
    $542,016
  • Alternative Use

    Use
    Valuation
    Residential
    $367,399
    Hospitality
    $336,536
    Educational
    $279,994
    Medical
    $289,623
    Retail
    $435,546
812 Dacula Rd, Dacula, Georgia

Location Insight

City
Dacula
County
Gwinnett
State
Georgia
Latitude
34.0065
Longitude
-83.9146
CBSA code
12060
CBSA name
ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$13,364
$256,800
$125,040
$381,840
-
$642,000
$312,600
$954,600

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